Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD: Completed bearish BAT pattern on 60 min

176
AUDCAD: Completed bearish BAT pattern

1.Completed bearish Bat pattern
2. Near retesting 240 min trendline and 61.8 Fib.Retracement
Note
AUDCAD: The big bunch of bearish patterns on 240 min

240 min picture
Note
AUDCAD: Completed Butterfly pattern-the last harmonic pattern?


Related Post. 60 min picture
Note
100 pips down from the BAT completion. We need a break of (A) leg of the BAT now in order to see more downside.
Note
snapshot

Bearish Cypher pattern completed as a trend continuation pattern to downside.
200 EMA is acting as resistance at the D leg completion.
Note
snapshot

For the short term trade the blue Cypher pattern worked really nice. Price went up to 0.786 fib.retracement of CD leg.
Note
snapshot
Target achieved. We can see some correction now before continuing with the down trend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.